Analysis On The Impact Of Migrant Workers’ Remittance On Household Consumption Difference

Consumption is one of the three carriages driving economic growth.Compared with urban residents,rural residents have greater consumption flexibility and higher marginal propensity to consume.Stimulating the consumption growth of rural residents is an important means to promote economic growth,and it is also the core requirement of the goal of living affluent in China’s rural revitalization strategy.With the large-scale transfer of rural labor force and labor income as the main source of farmers’ income,the impact of migrant workers’ remittances on rural residents’ consumption is worth studying.Data from the 2018 CFPS Household Sampling Survey(China Family Panel Studies)were used to study households living in rural areas and engaged in agricultural production.Based on the analysis of the characteristics of peasant households,the income and consumption of peasant households are statistically analyzed.The twosample T-test was used to compare the differences of household income and consumption expenditure between households with migrant workers’ remittances and households without migrant workers’ remittances at different income levels.OLS regression was used to analyze the impact of migrant workers’ remittances on consumption differences of peasant households and explore the impact of migrant workers’ remittances on consumption expenditure and consumption differences of peasant households at different income levels.The purpose is to answer the following questions: whether migrant workers’ remittance affects household consumption,whether migrant workers’ remittance affects the difference of household consumption,and how to use migrant workers’ remittance to improve household consumption.The main research conclusions obtained in this paper are as follows:(1)50.31% of households have the highest education level of primary school or below,and 45.52% of households have unhealthy health.The proportion of male-headed households is 18.16%higher than that of female-headed households.The proportion of households with migrant workers’ remittances is 48%,and the proportion of households headed by male is12.36% higher than that headed by female.The largest number of households with migrant workers’ remittances is 4-6 members,accounting for 57.00%.The largest number of households with 1-3 members accounted for 53.19% of the total.(2)In terms of household income,the largest proportion of household income is wage income,accounting for 17.55%,followed by business income,accounting for 14.63%.There are significant differences in wage income,operating income and other income between peasant households with and without migrant workers’ remittance.(3)The consumption of peasant households: the consumption of peasant households accounted for the highest proportion of food expenditure,accounting for 30%;Itwas followed by housing expenses at 15.96 percent,followed by household equipment and daily necessities at 14.92 percent.(4)In terms of the impact of migrant workers’ remittances on household consumption,there are significant differences between the households with migrant workers’ remittances and those without migrant workers’ remittances in household equipment and daily necessities,clothing,shoes and hats,culture,education and entertainment,food and other consumption expenditures.(5)Whether migrant workers’ remittances have a significant impact on household per capita consumption expenditure,expenditure on clothing,shoes and hats,food expenditure and housing expenditure.Migrant workers’ remittances will lead to a decline in household consumption per capita,expenditure on clothing,shoes and hats,food and housing.(6)Whether or not migrant workers’ remittances have a significant negative impact on the differences of household per capita consumption expenditure,clothing,shoes and hats expenditure,food expenditure and housing expenditure.Remittances from migrant workers can reduce the differences in per capita consumption expenditure,clothing,shoes and hats expenditure,food expenditure and housing expenditure of peasant households.In view of the above conclusions,five suggestions are proposed: Multiple measures should be taken simultaneously to promote the increase of income of low-income farmers.Strengthen public goods such as rural education to attract migrant workers to generate remittances.Improve the rural logistics network and promote the steady growth of online and offline consumption of farmers.Adjust the demographic structure and slow down the aging rate of agriculture.Improve and perfect the guarantee system to ensure the stable development of household consumption of peasant households.